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Intelsat files for Chapter 11 protection to restructure debt

2020-05-14 09:14:00| Telecompaper Headlines

(Telecompaper) Intelsat has filed for Chapter 11 bankruptcy protection in the US in order to restructure its debt. The company said it needs to free up cash in order to start on clearing its C band spectrum in the US for 5G and qualify for the associated transition payments. 

Tags: files protection chapter debt

 

Aldo Group latest to file for Chapter 11 bankruptcy

2020-05-12 11:44:00| Daily apparel & textile news and comment - from just-style.com

Canada-based footwear retailer and distributor Aldo Group has filed for bankruptcy protection in order to restructure its business.

Tags: group file latest chapter

 
 

Stage Stores begins Chapter 11 process

2020-05-11 15:58:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Stage Stores has filed for Chapter 11 bankruptcy protection and will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations. 

Tags: process stores stage chapter

 

Neiman Marcus latest to file for Chapter 11 bankruptcy

2020-05-11 12:47:00| Daily apparel & textile news and comment - from just-style.com

US luxury department store retailer Neiman Marcus has become the latest to file for Chapter 11 bankruptcy protection with a deal that will hand the business over to its creditors, as the coronavirus pandemic continues to take its toll on struggling companies.

Tags: file latest chapter bankruptcy

 

J.Crew files for Chapter 11 bankruptcy protection

2020-05-04 13:21:00| Daily apparel & textile news and comment - from just-style.com

US apparel retailer J.Crew Group has filed for Chapter 11 bankruptcy protection as part of an agreement that will hand over control to its top lenders.

Tags: files protection chapter bankruptcy

 

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